Tag: brokerswatch
Shares of Merck & Co. Inc. MRK, +0.72% rose 1.4% in premarket trading Thursday, after the drug giant reported third-quarter profit and sale that beat expectations and raised its full-year outlook, as sales of the company’s top 3 selling drugs topped forecasts. Net income fell to $3.25 billion, or $1.28 a share, from $4.57 billion, […]
Shares of LendingClub Corp. LC, -1.02% were falling more than 15% in after-hours trading Wednesday after the financial services and lending company topped expectations with the results from its latest quarter but delivered a downbeat outlook. The company posted net income of $43.2 million, or 41 cents a share, up from $27.2 million, or 26 […]
Stocks ended mostly lower, though the Dow Jones Industrial Average appeared to cling to a tiny gain Wednesday, with the market unable to fully shake off weak earnings from tech behemoths Microsoft Corp. MSFT, -7.72% and Google parent Alphabet Inc. GOOG, -9.63% GOOGL, -9.14%. The Dow DJIA, +0.01% ended with a gain of just over […]
Tesla Inc. TSLA, +1.00% is facing a U.S. criminal investigation into claims that it has made around the self-driving capabilities of its vehicles, according to a Wednesday afternoon report from Reuters. The story, which cites three anonymous sources, said that the Department of Justice opened the inquiry into Tesla last year in the wake of […]
Sen. Bob Menendez, a New Jersey Democrat, is under federal criminal investigation, according to multiple reports. Semafor reported that prosecutors in the Southern District of New York have contacted people connected to Menendez in recent weeks, and an adviser to the senator told the outlet he is “aware of an investigation that was reported on […]
Oil futures settled higher on Wednesday, finding support on the back of a weaker U.S. dollar, as well as a weekly decline in domestic gasoline stockpiles. The Energy Information Administration reported that supplies of crude rose 2.6 million barrels last week, but gasoline fell by 1.5 million barrels. The EIA data was more bullish than […]
Gold futures settled at their highest price in nearly two weeks on Wednesday, as the U.S. dollar index and Treasury yields continued to weaken. A weaker dollar has been “good news for bullion investors, but gains should be capped well ahead of the $1,700 level” for gold, said Edward Moya, senior market analyst at OANDA. […]
Shares of Boston Scientific Corp. BSX, +1.66% dropped 4.4% in premarket trading Wednesday, after the medical devices company missed third-quarter profit expectations but topped on revenue, and provided a mixed full-year outlook. Net income fell to $174 million, or 12 cents a share, from $405 million, or 28 cents a share, in the year-ago period, […]
Sports and modeling agency IMG, a unit of entertainment giant Endeavor Group Holdings Inc. EDR, +0.74%, said Wednesday it has sold the Miss Universe organization to Thai-based JKN Global Media Public Co. Ltd. No terms were disclosed. The organization runs the annual Miss Universe competition, which is broadcast in 165 countries. Amy Emmerich will remain […]
Officials in Shanghai started administering an inhalable COVID-19 vaccine on Wednesday in what appears to be a world first, the Associated Press reported. The vaccine, a mist that is sucked in through the mouth, is being offered for free as a booster dose for previously vaccinated individuals, according to an announcement posted on an official […]
